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The total population of Lily Lake is estimated to be 1,390 with 718 males (51.65%) and 672 females (48.35%). There are 46 less females than males in Lily Lake.
The median household income in Lily Lake was $131,961 in 2021, which marked an a decrease of 3,780(2.78%) from $135,741 in 2020. This income is 176.88% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lily Lake sees its highest median household income among householders in the age group of 45 to 64 years old, at $165,396. Overall, the median household income for the village of Lily Lake stands at $131,961.
In Lily Lake, the median income for all workers aged 15 years and older, regardless of work hours, was $63,296 for males and $32,247 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $108,466 for males and $72,061 for females.
In Lily Lake, population is primarily represented by White households, reporting a median income of $137,816.
In 2022, the population of Lily Lake was 1,031, a 0.10% increase year-by-year from 2021. Previously, in 2021, Lily Lake's population was 1,030, a decline of 0.19% compared to a population of 1,032 in 2020.
The median age in Lily Lake, IL is 41.8, as per 2021 ACS 5-Year Estimates. Of the total population, 19.48% were under the age of 15, 18.70% aged 15 to 29, 47.34% aged 30 to 64, 14.32% aged 65 to 84, and 0.16% were 85 years of age and older.
Racial distribution of Lily Lake population: 94.13% are White, 2.58% are Black or African American, 0.31% are Asian, 0.16% are Native Hawaiian and other Pacific Islander, 0.78% are some other race and 2.03% are multiracial.